SPY TARGETING NVIDIA CEO WAS ALLEGED CHINA INTELLIGENCE SERVICE RECRUIT : REPORT

What happened: The New York Times reported, citing a memo circulated among Trump administration policymakers, that a Chinese businesswoman allegedly linked to Nvidia CEO Jensen Huang was recruited as a spy for China's Ministry of State Security. Why it matters: Trump said he would wait for further information before concluding whether he still had confidence in Huang as an adviser on US technology policy, saying "we're going to check it out very closely." Huang had lobbied the administration to reverse stricter export controls on Nvidia chip shipments to China.

The New York Times reported, citing a memo circulated among Trump administration policymakers, that a Chinese businesswoman allegedly linked to Nvidia CEO Jensen Huang was recruited as a spy for China's Ministry of State Security.

Trump said he would wait for further information before concluding whether he still had confidence in Huang as an adviser on US technology policy, saying "we're going to check it out very closely." Huang had lobbied the administration to reverse stricter export controls on Nvidia chip shipments to China.